The National Football League (NFL) is the most popular and profitable professional sports league in the United States. The league is known for its lucrative contracts, and the five biggest NFL contracts of all time are no exception.
This article will discuss the details of the five biggest NFL contracts, including Patrick Mahomes’ deal with the Kansas City Chiefs, Josh Allen’s contract with the Buffalo Bills, Deshaun Watson’s agreement with the Cleveland Browns, Matthew Stafford’s contract with the Los Angeles Rams, and Dak Prescott’s deal with the Dallas Cowboys.
All five contracts show a commitment of large sums of guaranteed money, setting a new standard for NFL contracts and potentially setting the tone for future contracts in the league.
Patrick Mahomes’ Deal
Patrick Mahomes signed the biggest contract in NFL history, with a total of $500 million and a guarantee of $477 million until 2031, which has set a new standard for NFL contracts. He is on track to become the first NFL billionaire, and his contract makes him the highest-paid in the league for the 2022 season. Mahomes’ success is further highlighted by his Super Bowl win in 2020 and multiple successful business investments.
Josh Allen also signed a second-highest contract in NFL history, at $258 million over six seasons with $150 million guaranteed. He completed 63.2% of passes last season and is one of the reasons the Bills are favored to win the Super Bowl.
Deshaun Watson’s contract with the Browns is worth $230 million with a $44.965 million signing bonus and a $46 million average salary. However, legal issues may prevent him from playing in the NFL in the future.
Matthew Stafford and Dak Prescott also signed contracts worth $160 million and $95 million guaranteed, respectively.
Josh Allen’s Contract
Josh Allen has signed a six-year contract with the Buffalo Bills that guarantees $150 million, placing it as the second-highest in NFL history. This contract represents a major milestone in Allen’s career, with its length being the longest in the NFL. The deal includes a signing bonus of $44.965 million and an average salary of $46 million.
Allen also completed 63.2% of his passes last season, making the Bills a favorite to win the Super Bowl. His $43 million salary for 2022 is the fourth-highest in the NFL.
Notable aspects of Allen’s contract include:
- Longest contract in NFL history
- Highest guaranteed bonus of any NFL contract
- Average salary of $46 million
- Fourth-highest salary in NFL for 2022
Deshaun Watson’s Agreement
Deshaun Watson recently signed a five-year contract with the Cleveland Browns that is worth $230 million. The contract includes a $44.965 million signing bonus and an average salary of $46 million. It is the third-highest contract in NFL history.
The Browns guaranteed the contract, despite allegations of sexual assault which caused Watson to miss the 2020 season. Such legal issues raise doubts about his NFL future and the longevity of the agreement.
Watson is now one of six players making at least $40 million in the 2022 season. His contract sets a precedent for future deals and could potentially have an impact on the league’s financial landscape.